Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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FL Senate Bill 280 heads to DeSantis to sign
Senate Bill 280 (2024) - The Florida Senate passed the FL house tonight
The bill increases local oversight on STR, short term rentals, with penalties of registration suspension. Maybe will help flush some STRs out of the system. |
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#2
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It's a reaction to the AirBnB lawsuits all over the United States. States/municipalities want AirBnB to collect taxes. AirBnB says they're an innocent 3rd party. While the bill re-iterates local jurisdiction's authority to issue and/or suspend licenses and such, the primary motivation seems to be an effort to make sure Florida gets all the taxes its due. |
#3
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[QUOTE=CoachKandSportsguy;2308395]Senate Bill 280 (2024) - The Florida Senate passed the FL house tonight
The bill increases local oversight on STR, short term rentals, with penalties of registration suspension. Maybe will help flush some STRs out of the system.[/QUOTE Not too familiar with this one. Can you post some bullet points as to why it was filed and what it’s intended to do. Much appreciated |
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#5
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Not sure the local jurisdictions are interested in providing "oversight" or any action.....nothing in it for them.
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No one believes the truth when the lie is more interesting Berks County Pennsylvania |
#6
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Here’s the summary
Vacation Rentals; Requiring advertising platforms to collect and remit specified taxes for certain vacation rental transactions; defining the term “advertising platform”; adding licensing to the regulated activities of public lodging establishments and public food service establishments which are preempted to the state; requiring advertising platforms to require that persons placing advertisements or listings for vacation rentals include certain information in the advertisements or listings and attest to certain information; authorizing the division to revoke, refuse to issue or renew, or suspend vacation rental licenses under certain circumstances, etc. It could impact platforms like “rent from a villager” It looks like the “advertising platform” needs to collect taxes and require certain information be listed on them. |
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#8
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No one wants an STR Next Door
While few care for STRs in their neighborhoods, they still exist. The housing economy should flush many of them out of business I hope.
All the same I ran across a useful website for calculations and rentals… Causal: a browser-based modelling tool It is very informative for those still wishing to delve into treacherous waters before the bottom falls out of the market. When all is said and done by summers end, we should see solid below 200 dollars a square foot averages.
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Everywhere “ There are those who believe something, and therefore will tolerate nothing; and on the other hand, those who tolerate everything, because they believe nothing.” - Robert Browning Last edited by Normal; 03-07-2024 at 03:52 AM. |
#9
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I’ve got no problem with local jurisdictions collecting taxes. Actually, I would have thought they already did. But I do have a problem with cracking down on STR’s. It’s been shown in areas that have put rules in place, like saying that you can only do monthly rentals, that it drags down valuations of houses.
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I wish I knew what I don’t know. |
#10
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Folks buy homes in Residential zoning districts, they have a reasonable right to assume that the home next door to them, won't become a hotel. In most cases, a "hotel" is worth more than a "home". If STR's are eliminated in areas where the didn't belong in the first place, status quo continues, albeit rolled back to where everything should have been in the first place. Of course, some folks are all about how much money they can make and don't have any qualms about destabilizing the neighborhoods where they buy homes. |
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Everywhere “ There are those who believe something, and therefore will tolerate nothing; and on the other hand, those who tolerate everything, because they believe nothing.” - Robert Browning |
#12
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Perhaps not
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Folks should not make assumptions, folks should make themselves aware of laws and covenants and what rights they and their neighbors have. This discussion seems to be about buyer's remorse and a desire to take away neighbor's rights to quell that remorse. Quote:
Demanding legislation that will result in vacant homes, an increase in homes on the market, the loss of property rights, increased restrictions and higher taxes just doesn't sound like a path to increased home values.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
#13
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Further, I don’t think it’s an attempt to eliminate STR rather a checks and balances initiative. Will be interesting to see how much revenue was actually lost and thus will be generated once enacted. |
#14
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Shouldn't the amount of missing revenue been calculated first before taking up limited time to pass a bill that may not be necessary? Or, is this an attempt to add checks and balances until the STRs are driven out? (if we can't limit them we can try regulating them out of business) Of course, if taxes are not being paid then that needs to be fixed but it isn't at all clear that that was the real intent of this legislation.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
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